solecco solar ltd
solecco solar ltd Company Information
Company Number
10040373
Website
www.soleccosolar.comRegistered Address
calls wharf 2 the calls, leeds, west yorkshire, LS2 7JU
Industry
Environmental consulting activities
Telephone
01134678725
Next Accounts Due
290 days late
Group Structure
View All
Shareholders
james birch 100%
solecco solar ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLECCO SOLAR LTD at £62.8k based on a Turnover of £149.4k and 0.42x industry multiple (adjusted for size and gross margin).
solecco solar ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLECCO SOLAR LTD at £0 based on an EBITDA of £-174k and a 3.4x industry multiple (adjusted for size and gross margin).
solecco solar ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLECCO SOLAR LTD at £0 based on Net Assets of £-330.6k and 2.3x industry multiple (adjusted for liquidity).
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Solecco Solar Ltd Overview
Solecco Solar Ltd is a live company located in west yorkshire, LS2 7JU with a Companies House number of 10040373. It operates in the environmental consulting activities sector, SIC Code 74901. Founded in March 2016, it's largest shareholder is james birch with a 100% stake. Solecco Solar Ltd is a young, micro sized company, Pomanda has estimated its turnover at £149.4k with rapid growth in recent years.
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Solecco Solar Ltd Health Check
Pomanda's financial health check has awarded Solecco Solar Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £149.4k, make it smaller than the average company (£543k)
- Solecco Solar Ltd
£543k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (8.4%)
- Solecco Solar Ltd
8.4% - Industry AVG
Production
with a gross margin of 25.1%, this company has a higher cost of product (44%)
- Solecco Solar Ltd
44% - Industry AVG
Profitability
an operating margin of -116.5% make it less profitable than the average company (8.7%)
- Solecco Solar Ltd
8.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Solecco Solar Ltd
10 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Solecco Solar Ltd
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £74.7k, this is equally as efficient (£76.9k)
- Solecco Solar Ltd
£76.9k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (64 days)
- Solecco Solar Ltd
64 days - Industry AVG
Creditor Days
its suppliers are paid after 638 days, this is slower than average (29 days)
- Solecco Solar Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Solecco Solar Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Solecco Solar Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 519.1%, this is a higher level of debt than the average (46.6%)
519.1% - Solecco Solar Ltd
46.6% - Industry AVG
SOLECCO SOLAR LTD financials
Solecco Solar Ltd's latest turnover from March 2022 is estimated at £149.4 thousand and the company has net assets of -£330.6 thousand. According to their latest financial statements, Solecco Solar Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 75,768 | 9,853 | 3,611 | 3,611 | 3,817 | 472 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 75,768 | 9,853 | 3,611 | 3,611 | 3,817 | 472 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,055 | 44,067 | 17,907 | 6,739 | 39,331 | 2,229 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 51 | 51,000 | 52,503 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 1,503 | 0 | 0 |
| total current assets | 3,106 | 95,067 | 70,410 | 8,242 | 39,331 | 2,229 |
| total assets | 78,874 | 104,920 | 74,021 | 11,853 | 43,148 | 2,701 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 195,659 | 39,834 | 14,910 | 27,053 | 38,934 | 4,365 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 195,659 | 39,834 | 14,910 | 27,053 | 38,934 | 4,365 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 390 | 300 | 300 | 300 | 0 |
| other liabilities | 213,783 | 221,254 | 52,717 | 52,717 | 32,582 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 213,783 | 221,644 | 53,017 | 53,017 | 32,882 | 0 |
| total liabilities | 409,442 | 261,478 | 67,927 | 80,070 | 71,816 | 4,365 |
| net assets | -330,568 | -156,558 | 6,094 | -68,217 | -28,668 | -1,664 |
| total shareholders funds | -330,568 | -156,558 | 6,094 | -68,217 | -28,668 | -1,664 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | |||||
| Amortisation | 0 | |||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -91,961 | 24,657 | 63,671 | -32,592 | 37,102 | 2,229 |
| Creditors | 155,825 | 24,924 | -12,143 | -11,881 | 34,569 | 4,365 |
| Accruals and Deferred Income | -390 | 90 | 0 | 0 | 300 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -7,471 | 168,537 | 0 | 20,135 | 32,582 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
solecco solar ltd Credit Report and Business Information
Solecco Solar Ltd Competitor Analysis
Perform a competitor analysis for solecco solar ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in LS2 area or any other competitors across 12 key performance metrics.
solecco solar ltd Ownership
SOLECCO SOLAR LTD group structure
Solecco Solar Ltd has no subsidiary companies.
Ultimate parent company
SOLECCO SOLAR LTD
10040373
solecco solar ltd directors
Solecco Solar Ltd currently has 2 directors. The longest serving directors include Mr James Birch (Mar 2016) and Mrs Lucy Hammond (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Birch | England | 40 years | Mar 2016 | - | Director |
| Mrs Lucy Hammond | England | 36 years | May 2022 | - | Director |
P&L
March 2022turnover
149.4k
+10%
operating profit
-174k
0%
gross margin
25.1%
+54.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-330.6k
+1.11%
total assets
78.9k
-0.25%
cash
0
0%
net assets
Total assets minus all liabilities
solecco solar ltd company details
company number
10040373
Type
Private limited with Share Capital
industry
74901 - Environmental consulting activities
incorporation date
March 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2022
previous names
solarmass energy ltd (September 2017)
accountant
DH BUSINESS SUPPORT
auditor
-
address
calls wharf 2 the calls, leeds, west yorkshire, LS2 7JU
Bank
-
Legal Advisor
-
solecco solar ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to solecco solar ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
solecco solar ltd Companies House Filings - See Documents
| date | description | view/download |
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